Sorry about the large delay everyone, our move to a larger apartment and all the renovation work has been a lot more time-consuming than I had anticipated.
As a result, my monthly write-up is a bit more concise than usual. You’ll be able to see more details in my video from July 13th:
That being said, let’s review how my investments in P2P lending, ETFs and crypto performed in June.
And yes, I know it’s basically time for my July update already so you’ll see a lot more content soon!
Please don’t forget that none of this is investment advice, just my personal opinion based on my own experience as an investor.
Sadly it looks like the stock market decline is not quite over yet (spoiler: July was a lot better!).
Here’s how our main ETF, the Accumulating Vanguard FTSE All-World performed:
- -5,5% in June
- -12,69% since the start of 2022
If you want to see my thoughts about the market right now and some historical ETF data, make sure you check out this post:
Hopefully it will help put things into perspective.
We still own some distributing ETF shares in the Vanguard FTSE All-World and the MSCI World, which we purchased from 2017-2020, before making the switch to the accumulating FTSE All-World.
In June, those two ETFs paid us a total of 678€ in dividends.
As I mentioned in the past, I prefer accumulating ETFs for simplicity and to save a bit on taxes long-term. But psychologically, it’s still nice to actually see dividends being paid out to your account when the market is down. This part of the video may help you understand what I mean.
With an accumulating ETF they’re reinvested right away into more shares of the stocks within the index.
Kinda funny how my theoretical example of the stock market crashing in 2022 actually came true. Let’s hope the second part also happens and the market does indeed recover and reach new highs by next year.
- If you’re looking for the best, low-cost brokers in Europe to get you started on your investment journey into stocks or ETFs, I recommend checking out Interactive Brokers and Degiro.
- And if you’re based in Austria or Germany, where taxes are more complicated, make sure you check out my favorite local brokers here. These take care of everything for you, making your life a lot easier.
Ok, let’s move on to P2P lending, the second largest position in my investment portfolio.
While pretty much every other investment has been crashing since the start of 2022, my investments in P2P lending have been chugging along smoothly overall.
- Income (June 2022): 9,02€
- IRR: 10,92%
- Invested since: 27.09.2018
So, a few things happened on Mintos.
My earnings were lower than usual, because 27€ which were in recovery from Cashwagon Indonesia were counted as unrecoverable bad debt and subtracted from my account balance.
Not only that, Mintos added 165€ (which I had in Russian loans) to funds in recovery, until they find a solution to transfer payments from Russia to European investors.
Since July 1st you can now only invest into loans in the form of regulated notes on Mintos. So you might have to review your auto invest.
Make sure you check out my last monthly update for more info on notes and how to reduce the withholding tax on the platform.
- Income (June 2022): 49,89€
- IRR: 12,23%
- Invested since: 11.10.2019
June was my best month ever on Viainvest, with almost 50€ in earnings.
That’s probably because I sold some older loans back to Viainvest to take advantage of their last auto invest cashback campaign and due of their recent interest rate increase.
The platform’s transition to asset-backed securities, similarly to Mintos, was planned for the 1st of July, but they seem to have a bit of a delay.
Still, that’s understandable, Mintos also took way longer than planned to fully implement the new regulations.
Right now, you can still invest into individual loans, just as before.
- Get a 10€ signup bonus on Viainvest via my link.
- Income (June 2022): 42,05€
- IRR: 14,42%
- Invested since: 21.11.2019
- Income (June 2022): 36,31€
- IRR: 12,29%
- Invested since: 19.01.2021
- Income (June 2022): 16,96€
- IRR: 11,28%
- Invested since: 05.10.2018
Iuvo Group announced that it is moving its registration to Bulgaria, where most of its employees and its holding group, the Management Financial Group are based.
- Get 0,75% cashback on your Iuvo Group investments after 60 days when signing up via my link.
- Income (June 2022): 23,96€
- IRR: 11,39%
- Invested since: 25.01.2022
June was an excellent month on Bondster, especially considering that I have 29% of my funds in bitcoin backed loans by ACEMA.
These only pay 10% per year and pay the entire interest amount at the end of the loan term, but you can’t find these anywhere else and in my personal opinion, they provide an excellent risk/reward.
- Get 1% cashback on your investments on Bondster within the first 90 days by signing up via my link.
- Income (June 2022): 15,35€
- IRR: 11,76%
- Invested since: 17.03.2022
Income Marketplace has also been running smoothly, with the platform adding two new loan originators recently: The ITF Group from Bulgaria and Juancho Te Presta from Colombia.
Interestingly, you can find both of these lending companies on Bondster as well at a slightly higher interest rate – the difference is, these loans are offered with some extra protection for investors on Income, like the junior share of 10-30% and Income’s cashflow buffer.
Then again, we have yet to see how well these mechanisms really work in practice (eg. a listed loan originator going bankrupt).
I added both new lending companies to my auto invest on Income marketplace.
- Get a 1% bonus on all of your investments on Income after 30 days using this link. You can add the referral code: I4IEMZ during signup, but it’s not needed to qualify for the offer, as long as you’re using one of my links.
- Income (June 2022): 15,77€
- IRR: 7,78%
- Invested since: 03.04.2019
I’m still withdrawing any funds I receive on a monthly basis from Crowdestor. Steer clear of this platform, it’s not worth the trouble.
Bondora Go & Grow
- Income (June 2022): 20,96€
- IRR (incl. withdrawals): 6,70%
- Invested since: 01.09.2018
My Income From P2P Lending in June
I earned a total of 230,27€ from P2P lending in June.
According to Portfolio Performance, the free tool I use to track my investments, that’s a return of 0,69% for the month and an internal rate of return of 8,58% p.a. from P2P lending in 2022.
Bitcoin & Ethereum
Let’s get to the most speculative 10% of my portfolio, Bitcoin and Ethereum.
Sadly, both of them continued their decline in June (July was way better!).
- -44% in June
- -56% so far in 2022
- -44% in June
- -70% so far in 2022
The market is clearly in risk-off mode right now. Personally, I’m treating these two as long-term investments as well and I’m confident things will turn around at some point not only in the stock market, but crypto as well.
I’ve still been using FTX exclusively to lend out some crypto and cash, generating 92€ in income last month:
And that wraps it up for my investments in June! Now I can finally focus on creating new videos and posts!
You might enjoy these articles:
- My Investment Tools
A list containing all my investments in P2P Lending, the brokerage accounts I use to buy ETFs, my speculative investments in Bitcoin and my free bank accounts. It even includes the tools I use for blogging and YouTube.
- P2P Bonus Offers
A collection of all the best, currently available bonus and cashback offers in the P2P lending space. Regularly updated.
Disclaimer: Investing involves risks of losses. You should always do your own research before investing into anything. Also, some of the links are affiliate links, which help support me, the website & YouTube channel. I only link to services I use myself, none of them are sponsored.
I think you have way too much money on lendermarket
They are an individual lending company and I treat them like a single LO on a lending platform, so I only allocate capital to them as I would do to say Dinerito or Watu on Mintos
Besides that they are having problems paying investors on Mintos witch can mean problems on a near future
Thanks again for the great content!
I’ve been following you for a while, and I am very curious about your strategy regarding ETFs once you achieve your goal.
Would you two migrate from Accumulating Vanguard FTSE All-World to the distributive? Or change for a higher dividend yield ETF? Do you have an optima strategy inside Flatex for paying less taxes during this supposed transition?
Thanks in advance,
Hi Guilherme, you’re very welcome!
No need, I would just sell parts of my accumulating shares as needed, I could even simulate the ~2% dividends the distributing version is paying out by simply selling 2% every year (to a similar effect). Most likely that’s the most tax optimal strategy as well. Still, a lot can change in tax legislation until then, so we’ll see.
Understood, thanks for your answer!